Global Acetylene
Market Report
2025
The global Acetylene market size will be USD 6515.5 million in 2024. Growing attention to renewable energy sources and the transition to environmentally friendly production methods is expected to boost sales to USD 9167.962 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.00% from 2024 to 2031.
The base year for the calculation is 2024 and 2021 to 2024 will be historical period. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Acetylene market size will be USD 6515.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
2019 | 2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Acetylene Market Sales Revenue | 121212 | $ 6515.5 Million | 121212 | 121212 | 121212 | 5% |
North America Acetylene Market Sales Revenue | 121212 | $ 2606.2 Million | 121212 | 121212 | 121212 | 3.2% |
United States Acetylene Market Sales Revenue | 121212 | $ 2056.29 Million | 121212 | 121212 | 121212 | 3% |
Mexico Acetylene Market Sales Revenue | 121212 | $ 237.16 Million | 121212 | 121212 | 121212 | 3.7% |
Canada Acetylene Market Sales Revenue | 121212 | $ 312.74 Million | 121212 | 121212 | 121212 | 4% |
Europe Acetylene Market Sales Revenue | 121212 | $ 1954.65 Million | 121212 | 121212 | 121212 | 3.5% |
Italy Acetylene Market Sales Revenue | 121212 | $ 168.1 Million | 121212 | 121212 | 121212 | 2.9% |
Germany Acetylene Market Sales Revenue | 121212 | $ 387.02 Million | 121212 | 121212 | 121212 | 3.7% |
France Acetylene Market Sales Revenue | 121212 | $ 179.83 Million | 121212 | 121212 | 121212 | 2.7% |
Spain Acetylene Market Sales Revenue | 121212 | $ 160.28 Million | 121212 | 121212 | 121212 | 2.6% |
United Kingdom Acetylene Market Sales Revenue | 121212 | $ 328.38 Million | 121212 | 121212 | 121212 | 4.3% |
Russia Acetylene Market Sales Revenue | 121212 | $ 302.97 Million | 121212 | 121212 | 121212 | 2.5% |
Rest of Europe Acetylene Market Sales Revenue | 121212 | $ 302.97 Million | 121212 | 121212 | 121212 | 2.2% |
Asia Pacific Acetylene Market Sales Revenue | 121212 | $ 1498.57 Million | 121212 | 121212 | 121212 | 7% |
India Acetylene Market Sales Revenue | 121212 | $ 179.83 Million | 121212 | 121212 | 121212 | 8.8% |
Korea Acetylene Market Sales Revenue | 121212 | $ 149.86 Million | 121212 | 121212 | 121212 | 6.1% |
Japan Acetylene Market Sales Revenue | 121212 | $ 206.8 Million | 121212 | 121212 | 121212 | 5.5% |
China Acetylene Market Sales Revenue | 121212 | $ 674.35 Million | 121212 | 121212 | 121212 | 6.5% |
Australia Acetylene Market Sales Revenue | 121212 | $ 77.93 Million | 121212 | 121212 | 121212 | 6.7% |
Rest of APAC Acetylene Market Sales Revenue | 121212 | $ 106.4 Million | 121212 | 121212 | 121212 | 6.8% |
South America Acetylene Market Sales Revenue | 121212 | $ 325.78 Million | 121212 | 121212 | 121212 | 4.4% |
Brazil Acetylene Market Sales Revenue | 121212 | $ 139.43 Million | 121212 | 121212 | 121212 | 5% |
Chile Acetylene Market Sales Revenue | 121212 | $ 23.46 Million | 121212 | 121212 | 121212 | 4.7% |
Colombia Acetylene Market Sales Revenue | 121212 | $ 28.99 Million | 121212 | 121212 | 121212 | 4.2% |
Peru Acetylene Market Sales Revenue | 121212 | $ 26.71 Million | 121212 | 121212 | 121212 | 4.6% |
Argentina Acetylene Market Sales Revenue | 121212 | $ 54.73 Million | 121212 | 121212 | 121212 | 5.3% |
Rest of South America Acetylene Market Sales Revenue | 121212 | $ 52.45 Million | 121212 | 121212 | 121212 | 3.5% |
Middle East and Africa Acetylene Market Sales Revenue | 121212 | $ 130.31 Million | 121212 | 121212 | 121212 | 4.7% |
Turkey Acetylene Market Sales Revenue | 121212 | $ 11.21 Million | 121212 | 121212 | 121212 | 4.2% |
Egypt Acetylene Market Sales Revenue | 121212 | $ 13.68 Million | 121212 | 121212 | 121212 | 5% |
Rest of MEA Acetylene Market Sales Revenue | 121212 | $ 15.38 Million | 121212 | 121212 | 121212 | 3.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
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Report scope is customizable as we have a huge database of Acetylene industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Acetylene Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Acetylene is a colorless, extremely combustible gas that is frequently utilized in many industrial settings. It is mostly created by the chemical reaction of water and calcium carbide. Acetylene is widely used in cutting and welding processes, as well as as a fuel for torches and an essential ingredient in the synthesis of compounds like acrylic acid, vinyl chloride, and acetaldehyde. Because of the growing demand from end-use sectors including plastics, chemicals, and metal fabrication, the global acetylene market is expanding steadily. The expanding building sector, the expansion of infrastructure, and the growing need for industrial gases are some of the drivers propelling the market. However, obstacles to industry expansion include things like strict government laws and safety issues related to handling acetylene.
For instance, in May 2022, Orion Engineered Carbons announced plans to build a conductive additive fabrication facility in the United States using acetylene. These additives are used in high-voltage cables, lithium-ion batteries, and other electrification and renewable energy-related products. (Source: https://investor.orioncarbons.com/financial-press-releases/press-releases-details/2022/Orion-Announces-Plans-to-Build-Only-Acetylene-based-Conductive-Additives-Plant-in-U.S/default.aspx )
The automobile industry's rapid expansion has led to an increase in transportation-related activities. Commercial and passenger car production and demand have been rising, which is contributing to the sector's overall expansion. Since acetylene is required to make the body and other metallic sections of vehicles, it is immediately expected that the expansion of the automotive industry will boost the demand for acetylene. Thus, it is anticipated that the global expansion of the automotive sector will accelerate the acetylene market's growth over the forecast period. For instance, India holds a dominant position in the global heavy vehicle market as the world's largest producer of tractors, second-largest manufacturer of buses, and third-largest manufacturer of heavy trucks. There were 25.9 million autos produced in India in FY23. In terms of both exports and internal demand, India has a robust market. In April 2024, 23,58,041 passenger cars, three-wheelers, two-wheelers, and quadricycles were produced overall. India exported a total of 47,61,487 automobiles in FY23.
Going forward, it is expected that the acetylene market would rise due to the increasing demand in construction activities. Building structures, infrastructure, and other physical facilities include a variety of duties and procedures that are referred to as construction activities. These include planning, designing, constructing, and maintaining different kinds of construction projects. In the construction industry, acetylene is used for welding, cutting, melting, and joining metal parts. It can be used to join steel beams, cut through steel pipes, and join structural elements for renovation or demolition projects. For instance, the US consultancy and investment banking firm FMI (Fails Management Institute) Corporation reports that multi-family residential building spending increased by 18% in 2021, with $111 billion invested. Additionally, it is projected that the investment for multi-family residential development activities will increase to $136 billion in 2025. As a result, the market for acetylene is expanding due to the rising demand in construction activities.
Acetylene is an essential industrial gas that is used extensively in welding, chemical synthesis, and other applications in many different industries. Natural gas and calcium carbide are the main feedstocks used in its production. A number of reasons, including as changes in market demand, supply chain interruptions, and geopolitical conflicts, contribute to feedstock price swings. For instance, abrupt shifts in the cost and availability of feedstocks might result from geopolitical events like wars or trade disputes. Furthermore, supply networks may be disrupted by pandemics, natural catastrophes, and legislative changes, which would increase price volatility. The price of natural gas, a crucial input for the synthesis of acetylene, is especially susceptible to changes in the market. Significant price swings can be caused by changes in production levels, seasonal variations in demand, and changes in energy regulations.
The global acetylene market was significantly impacted by the COVID-19 pandemic, mostly as a result of demand changes, decreased industrial activity, and supply chain disruptions. Construction projects and manufacturing processes—two important acetylene end-use industries—were delayed as a result of lockdowns and other measures used to stop the virus's spread. Demand was further reduced by a slowdown in the automotive, chemical, and metal fabrication industries, all of which rely significantly on acetylene for cutting, welding, and chemical synthesis.
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There are a number of significant firms fighting for market share and distinction in the acetylene sector. Several businesses are involved in this market, including Linde plc, Praxair, Inc., and Airgas, Inc. These businesses compete on a number of fronts, including prices, distribution networks, product quality, customer service, and technological innovation. Companies need to take a strategic strategy that concentrates on a few important areas in order to successfully traverse this competitive landscape. First of all, in order to build confidence and trust with clients, it is crucial to continue placing a high priority on product quality and dependability. A strong distribution network also guarantees that acetylene is delivered on schedule to clients in various areas.
June 2024: The world leader in sustainable solutions, Johnson Matthey, has teamed up with Transform Materials, which is well-known for its groundbreaking work in clean and sustainable chemical technologies. This collaboration combines Johnson Matthey's unique mercury-free technology and catalyst, which is capable of converting acetylene into vinyl chloride monomer (VCM), with Transform Materials' sophisticated method of obtaining acetylene from a variety of short-chain hydrocarbons. (Source: https://www.transformmaterials.com/news/transform-materials-and-johnson-matthey-collaborate-to-enable-lower-carbon--and-mercury-free-alternative-routes-for-pvc-manufacturing ) April 2024: Using carbon dioxide (CO2) and water (H2O) as raw materials, researchers at Doshisha University in Japan, together with Daikin Industries, Ltd., developed a novel process for creating acetylene (C2H2), an essential component in many industrial applications. According to a study published in ACS Sustainable Chemistry & Engineering, this novel method has the potential to revolutionize the manufacturing of acetylene by lowering dependency on fossil fuels and drastically lowering carbon emissions. (Source: https://africasustainabilitymatters.com/doshisha-universitys-innovation-turns-carbon-dioxide-and-water-to-acetylene/ ) October 2022: Denka Company Limited and SCG Chemicals Public Company Limited formed a joint venture to run an acetylene black producing plant in Thailand's Rayong region. It is expected that the factory, which is now under construction, will be operational by 2025 and have an annual production capacity of about 11,000 metric tons. (Source: https://www.scgchemicals.com/en/articles/news/1666234103 ) August 2021: Microwave plasma technology was introduced by SBH4 GmbH, a consultancy firm headquartered in Germany. Acetylene may now be produced more cheaply and efficiently than with conventional methods thanks to a technology called microwave plasma. The methane molecule is divided into hydrogen and acetylene using this method. (Source: https://www.petro-online.com/article/measurement-and-testing/14/sbh4-gmbh/microwave-plasma-for-natural-gas-transformation-to-acetylene-and-hydrogen/3013 )
Top Companies Market Share in Acetylene Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America currently dominates the Acetylene market, and the region is expected to have significant growth during the projected period because of the growing industrial sector in the area. North America is the greatest user of acetylene due to a number of reasons that contribute to the growing potential in industries. The growing need for chemicals is the main element propelling the market's expansion, and cutting and welding are two important variables contributing to this demand. Rapid urbanization developments are predicted to provide the sector with an additional boost.
Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) because of the region's fast industrialization, growing building and automotive industries, and rising need for glass. The manufacturing and construction industries in Asia Pacific, which mostly depend on acetylene for a variety of uses, are expanding significantly in China and India. Asia Pacific is clearly a major player in the acetylene industry, but it also has to contend with the issue of conforming to international environmental regulations. The increasing emphasis on sustainable and cleaner production techniques to reduce the carbon footprint associated with acetylene manufacturing is one of the major trends in the acetylene industry.
The current report Scope analyzes Acetylene Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Acetylene market size was estimated at USD 6515.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 2606.20 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
According to Cognitive Market Research, the global Acetylene market size was estimated at USD 6515.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 1954.65 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.
According to Cognitive Market Research, the global Acetylene market size was estimated at USD 6515.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 1498.57 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
According to Cognitive Market Research, the global Acetylene market size was estimated at USD 6515.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 325.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
According to Cognitive Market Research, the global Acetylene market size was estimated at USD 6515.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 130.31 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..
Global Acetylene Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Acetylene Industry growth. Acetylene market has been segmented with the help of its Production Outlook:, Application Outlook: End-use Industry Outlook:, and others. Acetylene market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Acetylene Market?
According to Cognitive Market Research, calcium carbide category is likely to dominate the Acetylene Market over the forecast period. Calcium carbide and water react to produce acetylene, which is a somewhat simple and tried-and-true procedure. Additionally, calcium carbide facilities are widely distributed and well-established, guaranteeing a steady and dependable supply chain for the manufacture of acetylene. Because of its established infrastructure, economic feasibility, and lengthy history, calcium carbide continues to be the preferred option for many companies, even though competing processes such hydrocarbon pyrolysis have advantages in some situations.
The thermal cracking is the fastest-growing segment in the Acetylene Market because of the manufacture of chemicals in a sustainable manner. Thermal cracking, a process that includes heating certain hydrocarbons to a point where their atomic bonds fracture or break, is how acetylene is made. In order to produce compounds that are different from the original basic components, the hydrocarbon atoms can be forced to rebound after they separate. This process is widely used to convert oil or natural gas into a variety of chemicals.
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According to Cognitive Market Research, the metal working segment holds the largest share of the market. Since it is essential to many metalworking applications, acetylene is a vital part of the welding and metal production sectors. Metalworkers can perform complex fabrication jobs in a variety of settings, from remote construction sites to major industrial plants, due to the portability and adaptability of acetylene-based equipment. Acetylene is therefore a vital tool for metalworking, providing both artisans and industrialists with the means to accomplish accuracy, excellence, and productivity in their job.
In the Acetylene Market, the chemical synthesis has been expanding at a rapid pace because of acetylene's adaptability and controlled reactivity in a variety of synthetic applications. Acetylene, also referred to as ethyne, is the most basic alkyne and has the chemical formula C2H2. Since acetylene's chemistry has developed so quickly, its strong reactivity and straightforward structure make it a crucial building block for organic synthesis. Acetylene is a valuable tool in the contemporary specialized and fine chemical industries due to its incredibly unique and regulated reactivity in a variety of synthetic applications.
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According to Cognitive Market Research, the automotive segment holds the largest market share due to acetylene's growing durability. Made from the breakdown of acetylene, carbon black has a comparatively high electrical conductivity and is mostly used as a filler in dry cells, rubber, and plastics. Furthermore, one of acetylene's most important applications in the automotive sector is as a paint additive to improve the durability, functioning, and color of automobile components. Carbon black is commonly used as a pigment in the automotive industry to get a rich black color in paints.
In the Acetylene market, the rapidly growing sector is the chemical industry category because acetylene is being used more and more in the chemical sector. Because it can create a variety of inorganic compounds and plays a part in the synthesis of several vitamins, such as ?-carotene, vitamin A, and vitamin E, acetylene is mostly used in chemical synthesis. Pseudo ionone is a crucial step in the synthesis of vitamins A, E, and ?-carotene from acetone and acetylene. Acetylene is also used in the synthesis of certain inorganic compounds. When making vitamins and chemicals, the purity levels of acetylene must be maintained within the prescribed range. However, fuel gas is used to make some solvents and fragrance components.
According to Cognitive Market Research, the direct company sale segment dominates the market because of its capacity to create an efficient and direct supply chain. By fostering stronger ties between manufacturers and end users, this strategy guarantees that goods and services can be better tailored to satisfy particular needs. Additionally, by cutting out middlemen, direct sales save expenses and increase profit margins for both clients and suppliers. This category's growth is further fueled by the fact that industries like welding, metal fabrication, and chemical processing frequently favor direct firm sales for dependable and timely supply.
Direct import is projected to be the fastest-growing segment in the Acetylene market. Importing acetylene has become more practical due to trade globalization and logistical developments, meeting the rising need in areas where local supply may be constrained. Additionally, direct import is a desirable alternative for large-scale industrial consumers due to the cheap cost offered by the capacity to negotiate bulk purchases directly with foreign companies. This dual dynamic emphasizes how the acetylene market is significantly shaped by both categories.
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Conclusion
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Production Outlook: | Calcium Carbide, Thermal Cracking, Hydrocarbon Pyrolysis |
Application Outlook: | Chemical Synthesis, Metal Working, Welding and Cutting, Carbon Coatings, Acetylic Alcohols, Others |
End-use Industry Outlook: | Chemical Industry, Glass and Material Processing Industry, Aerospace, Automotive, Pharmaceuticals, Others |
Sales Channel Outlook: | Direct Company Sale, Direct Import, Distributors And Traders |
List of Competitors | Linde Group, BASF SE, Gulf Cyro, Airgas, China Petroleum and Chemical Corporation, SINOPEC, Dow Chemical Company, Toho Acetylene, Praxair Technology Inc., Sichuan Vinylon, Others |
This chapter will help you gain GLOBAL Market Analysis of Acetylene. Further deep in this chapter, you will be able to review Global Acetylene Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Acetylene. Further deep in this chapter, you will be able to review North America Acetylene Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Acetylene. Further deep in this chapter, you will be able to review Europe Acetylene Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Acetylene. Further deep in this chapter, you will be able to review Asia Pacific Acetylene Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Acetylene. Further deep in this chapter, you will be able to review South America Acetylene Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East and Africa Market Analysis of Acetylene. Further deep in this chapter, you will be able to review Middle East and Africa Acetylene Market Split by various segments and Country Split.
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
This chapter provides an in-depth analysis of the market share among key competitors of Acetylene. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Production Outlook: Analysis 2019 -2031, will provide market size split by Production Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Production Outlook: Analysis 2021 - 2033
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Chapter 11 Market Split by Application Outlook: Analysis 2021 - 2033
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Chapter 12 Market Split by End-use Industry Outlook: Analysis 2021 - 2033
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Chapter 13 Market Split by Sales Channel Outlook: Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Acetylene market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Calcium Carbide have a significant impact on Acetylene market? |
What are the key factors affecting the Calcium Carbide and Thermal Cracking of Acetylene Market? |
What is the CAGR/Growth Rate of Chemical Synthesis during the forecast period? |
By type, which segment accounted for largest share of the global Acetylene Market? |
Which region is expected to dominate the global Acetylene Market within the forecast period? |
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